Form 990 for tax year 2023
Filed by COMMUNITY FOUNDATION OF THE BRAZOS VALLEY.
Totals
- Total revenue
- $1,887,665
- Total expenses
- $1,490,692
- Contributions and grants received
- $1,269,617
- Grants paid
- $1,218,247
- Program service revenue
- $0
- Investment income
- $454,157
- Other revenue
- $163,891
- Total assets, end of year
- $12,827,839
- Total liabilities, end of year
- $1,045,040
- Net assets or fund balances, end of year
- $11,782,799
- Program services expenses (Part IX)
- $1,347,538
- Management and general expenses
- $105,046
- Fundraising expenses
- $38,108
- Program service expenses (Part III)
- $1,347,538
Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$954,704
-
1f · All other contributions, gifts and grants
$314,913
-
1g · Noncash contributions included above
$1,296
-
3 · Investment income
total $406,112 · related or exempt $406,112
-
7a · Gross sales of assets other than inventory
securities $555,204
-
7b · Less cost or other basis and sales expenses
securities $507,159
-
7c · Gain or loss
securities $48,045
-
7d · Net gain or loss
total $48,045 · related or exempt $48,045
-
8a · Fundraising events: gross income
$241,701
-
8a · Fundraising events: contributions included on line 1c
$954,704
-
8b · Fundraising events: direct expenses
$87,319
-
8c · Net income from fundraising events
total $154,382 · excluded $154,382
-
11a · Other revenue: ADMINISTRATIVE FEES
total $9,509 · related or exempt $9,509
-
11e · Other revenue, total
$9,509
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,186,247 · program services $1,186,247
-
2 · Grants to domestic individuals
total $32,000 · program services $32,000
-
7 · Other salaries and wages
total $87,381 · program services $26,214 · management and general $26,214 · fundraising $34,953
-
10 · Payroll taxes
total $7,889 · program services $2,367 · management and general $2,367 · fundraising $3,155
-
11c · Fees: accounting
total $11,491 · management and general $11,491
-
12 · Advertising and promotion
total $5,856 · management and general $5,856
-
13 · Office expenses
total $14,880 · management and general $14,880
-
14 · Information technology
total $928 · management and general $928
-
16 · Occupancy
total $11,483 · management and general $11,483
-
17 · Travel
total $2,026 · management and general $2,026
-
19 · Conferences, conventions and meetings
total $595 · management and general $595
-
23 · Insurance
total $789 · management and general $789
-
24a · Other expenses: INVESTMENT MGT FEES
total $46,444 · program services $45,106 · management and general $1,338
-
24b · Other expenses: TOMB OF THE UNKNOWN SOL
total $44,453 · program services $44,453
-
24c · Other expenses: CONTRACT LABOR
total $22,583 · management and general $22,583
-
24d · Other expenses: SOFTWARE FEES
total $11,480 · program services $11,151 · management and general $329
-
24e · All other expenses
total $4,167 · management and general $4,167
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $340,132 · end of year $318,056
-
2 · Savings and temporary cash investments
beginning of year $514,809 · end of year $738,862
-
9 · Prepaid expenses and deferred charges
beginning of year $6,382 · end of year $6,694
-
10a · Land, buildings and equipment: cost or other basis
$7,357
-
10b · Land, buildings and equipment: accumulated depreciation
$7,332
-
10c · Land, buildings and equipment, net
beginning of year $25 · end of year $25
-
11 · Investments: publicly traded securities
beginning of year $10,589,469 · end of year $11,755,517
-
15 · Other assets
beginning of year $20,168 · end of year $8,685
-
17 · Accounts payable and accrued expenses
beginning of year $560 · end of year $8,105
-
18 · Grants payable
beginning of year $22,145
-
25 · Other liabilities
beginning of year $876,219 · end of year $1,036,935
-
27 · Net assets without donor restrictions
beginning of year $10,572,061 · end of year $11,782,799
Mission and programs · 2023
Mission
DEDICATED TO IMPROVING THE QUALITY OF LIFE IN THE BRAZOS VALLEY THROUGH THE DEVELOPMENT OF PHILANTHROPIC GIVING, RESPONSIBLE GRANTMAKING, PROFESSIONAL STEWARDSHIP AND COLLABORATIVE LEADERSHIP.
Activities or mission (Part I)
THE COMMUNITY FOUNDATION OF THE BRAZOS VALLEY IS DEDICATED TO BUILDING AND MANAGING CHARITABLE ENDOWMENT FUNDS FOR BRAZOS VALLEY NONPROFITS.
-
THE COMMUNITY FOUNDATION OF THE BRAZOS VALLEY DISTRIBUTED GRANTS TO IMPROVE THE QUALITY OF LIFE IN THE BRAZOS VALLEY TO QUALIFIED 501(C)(3) ORGANIZATIONS SELECTED BY AN APPROVED GRANT APPLICATION PROCESS AND BOARD OF TRUSTEES ACTION.
Expenses $1,315,538 · Grants $1,186,247
-
EDUCATIONAL SCHOLARSHIPS TO STUDENTS.
Expenses $32,000 · Grants $32,000
As filed on the 2023 return.
Listed in Part VII
-
Jorge BermudezJORGE BERMUDEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jack Buckley JrJACK BUCKLEY JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Candy RustCANDY RUST
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Natalie PineNATALIE PINE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry FoxJERRY FOX
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Pat GusemanPAT GUSEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Josh GorbuttJOSH GORBUTT
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Weldon RussellWELDON RUSSELL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Louann McKinneyLOUANN MCKINNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Casey OldhamCASEY OLDHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lia ZaccagninoLIA ZACCAGNINO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Julie PorterJULIE PORTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Patricia GerlingPATRICIA GERLING
PRESIDENT/CEO
- Total calculated
- $88,500
- From this org
- $88,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
CSISD EDUCATION FOUNDATION
$70,003
GENERAL SUPPORT
-
BROTHERS IN WHITE CHAPEL
$67,375
GENERAL SUPPORT
-
HOPE GATHERING INC
$49,844
GENERAL SUPPORT
-
BRENHAM CHRISTIAN ACADEMY DBA CITADEL CHRISTIAN SCHOOL
$45,816
GENERAL SUPPORT
-
UNBOUND BRYANCOLLEGE STATION
$35,809
GENERAL SUPPORT
-
BRAZOS VALLEY FOOD BANK
$31,993
GENERAL SUPPORT
-
AGGIELAND PREGNANCY OUTREACH INC
$31,065
GENERAL SUPPORT
-
THE BEE COMMUNITY
$25,744
GENERAL SUPPORT
-
BOYS & GIRLS CLUBS OF THE BRAZOS VALLEY
$22,446
GENERAL SUPPORT
-
SCOTTY'S HOUSE BRAZOS VALLEY CHILD ADVOCACY CENTER INC
$22,067
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422959349300022
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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